to: introduce a reverse charge for business to business transactions between suppliers and purchasers of gold, silver and platinum to remove the opportunity for a supplier to avoid paying goods and services tax (GST) by liquidating; and ensure that entities cannot exploit the special GST treatment for second-hand goods to claim input tax credits by changing the form of a precious metal.

by clarifying Safe Work Australia’s role and the relationships between its role and function, and updating and consolidating its functions; replace certain outdated terms; and clarify that work health and safety (WHS) ministers will continue to approve the model WHS legislative framework and other key documents.

to enable the Australian Prudential Regulation Authority (APRA) to share major bank levy information with the Commissioner of Taxation;

Financial Sector (Collection of Data) Act 2001

to enable the APRA reporting standards to include information relating to amounts for the purposes of the levy;

Income Tax Assessment Act 1997

to provide for the indexation of the $100 billion threshold; and

Taxation Administration Act 1953

to: specify that the levy is payable to the commissioner quarterly; ensure that the ordinary collection and recovery provisions apply in relation to the levy; introduce an anti-avoidance law for the levy; and enable the commissioner to share levy information with APRA.

to: establish a standing appropriation and authority to borrow for payments to meet drawings made by the International Monetary Fund (IMF) under a new bilateral loan agreement entered into by Australia and the IMF; and make consequential amendments.

to provide a one-off energy assistance payment to recipients of the age pension, disability support pension, parenting payment single and certain veterans’ payments who are payable and residing in Australia on 20 June 2017; and

Social Security Act 1991

,

Social Security (Administration) Act 1999

and

Veteran’s Entitlements Act 1986

to provide a pensioner concession card to certain social security pensioners and veterans’ payments recipients whose payment or pension was cancelled on 1 January 2017 due to changes in the assets test parameters.

to increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and individual taxpayers and families eligible for the seniors and pensioners tax offset; and increase the phase-in limits as a result of the increased threshold amounts.